Common use of Debt Proceeds Clause in Contracts

Debt Proceeds. (a) The Company shall ensure that an aggregate amount equal to any Debt Proceeds is immediately applied in mandatory repayment and cancellation of the Facility in accordance with Clause 7.7 (Application of prepayments).

Appears in 2 contracts

Samples: Facility Agreement (Coca-Cola HBC AG), Facility Agreement (Coca-Cola HBC AG)

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Debt Proceeds. (a) The Company shall ensure that that, subject to Clause 7.7 (Application of prepayments), an aggregate amount equal to any Debt Proceeds is immediately applied in mandatory repayment and cancellation of the Facility in accordance with Clause 7.7 (Application of prepayments).

Appears in 2 contracts

Samples: Bridge Facility Agreement (Coca-Cola HBC AG), Bridge Facility Agreement (Coca-Cola HBC AG)

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